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Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.22.2.2
Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2022
Finite-Lived Intangible Assets [Line Items] Ìý
Goodwill

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​

​

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ÌýÌýÌýÌý

SiriusÌýXM Holdings

ÌýÌýÌýÌý

Formula 1

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Other

ÌýÌýÌýÌý

Total

Ìý

​

​

amountsÌýinÌýmillions

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Balance at JanuaryÌý1, 2022

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$

15,112

​

3,956

​

180

​

19,248

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Acquisitions (a)

​

Ìý

97

Ìý

—

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—

Ìý

97

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Other

​

​

—

​

—

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(4)

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(4)

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Balance at September 30, 2022

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$

15,209

Ìý

3,956

​

176

Ìý

19,341

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(a) Sirius XM Holdings recorded goodwill related to acquisitions in January 2022 and May 2022.
Schedule of intangible assets subject to amortization

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September 30, 2022

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December 31, 2021

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​

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

Ìý

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carrying

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Accumulated

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carrying

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carrying

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Accumulated

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carrying

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amount

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amortization

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amount

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amount

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amortization

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amount

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amountsÌýinÌýmillions

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FIA Agreement

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$

3,630

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(1,078)

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2,552

​

3,630

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(936)

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2,694

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Customer relationships

​

​

3,054

​

(1,870)

​

1,184

Ìý

3,053

Ìý

(1,679)

Ìý

1,374

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Licensing agreements

​

Ìý

359

​

(267)

​

92

Ìý

355

Ìý

(243)

Ìý

112

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Other

​

Ìý

2,116

​

(1,538)

​

578

Ìý

1,933

Ìý

(1,316)

Ìý

617

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Total

​

$

9,159

​

(4,753)

​

4,406

Ìý

8,971

Ìý

(4,174)

Ìý

4,797

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Schedule of future amortization expense Based on its amortizable intangible assets as of September 30, 2022, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

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Remainder of 2022

ÌýÌýÌýÌý

$

190

Ìý

2023

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$

755

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2024

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$

443

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2025

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$

372

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2026

​

$

356

​